Success is a planned event
Greetings! I’m Jill Christiansen, manager of writing services at www.sterlingcreations.ca. I’m back after a nice long working vacation and today I’d like to start the week by presenting you with a very interesting article on the topic of success. So many of us often take success for granted but in reality, success is often something that we need to think about; what we need to accomplish in order to get there, and how we plan to do it. This article comes from a very reliable and learned source and I invite you to give it a read.
I’m Jill Christiansen wishing you a great day.
SUCCESS IS A PLANNED EVENT
The greatest economic boom since the industrial revolution is taking place in the east, with China at the forefront. The monopolistic oligopoly that China now represents will render the rest of the world second class citizens in less than twenty years. As to how severe this will affect the United States and the rest of the world, only time will tell.
China has slowly, silently and methodically devoured large sectors of the world’s economy, to include but not limited to energy, farming, lumber, real estate, currencies, steel, stocks, bonds, pharmaceuticals, commodities to name a few. Its growth and ever increasing appetite for oil has led China to develop relations worldwide, from Africa and the Middle East, South America, the former Soviet Republics, Indonesia and Australia. In 2005 China tried to acquire California based Unocal, but was unsuccessful due to public outcry and vigorous opposition in Congress. As Chinas need for oil increases, so will it amplify its economic power and influence worldwide, in order to fill this void. China will return to stake its claim in one form or another, in time.
The Beijing Olympics provided us with some visible insight into the immense growth China has made, on a scale westerners are unable to comprehend or accept and all indicators show that it will continue for a long time. This growth typifies the resources, vision and pragmatism China possesses, which will in a very short time extend itself around the globe.
The facts speak for themselves:
China represents one fifth of all humanity, one and a quarter billion people. A distinctly homogenous group all committed to one goal with long term implications. Granted there are political, social and human rights issues to be concerned about, however these issues appear to be more of concern outside China than to the Chinese themselves. The government of China is well aware of these issues and will deal with them as they see fit, in the best interest of China as a whole.
China’s strength lies in its numbers and its close ties with Taiwan, Malaysia, Indonesia, Singapore and now Africa. Its strength is even further enhanced by the approximately sixty million Chinese nationals living outside China, whose earning power is said to exceed $50 Billion annually. Interestingly enough, many of these nationals are returning to China annually in increasing numbers.
The main contributor to this advancement is the fact that China heavily invests in its future, by its emphasis on the education of its citizens. China has not only recognized but is committed to excellence in education at every level. The evidence can be seen on a global scale where their students dominate at the world’s finest learning institutions, in science, engineering and medicine. It is important to note that India is not far behind.
The United States trade deficit with China is well over $2 Billion dollars a day.
The United States government owes China and its lenders in excess of $500 Billion, which will increase significantly as the war with Iraq continues and as the bailout of the various financial institutions stemming from the subprime mortgage crisis materializes.
The Chinese economy’s growth rate has averaged over nine (9%) per cent since the start of the 1980’s. It is estimated over 50 million Chinese have been elevated into the middle class in less than twenty years.
China’s individual savings rate is estimated above thirty five (35%) percent. The individual rate of savings in the US is below two (2%).
Approximately forty (40%-45%) to forty-five percent of China’s productivity goes toward its exports, which directly correlates to very little or no foreign debt.
China’s foreign investment exceeds $80 Billion per year. This combined with their huge trade surplus has created foreign currency reserves in the neighborhood of $2 Trillion.
China’s investment in its own infrastructure doubles every three years. China is now using over half the world’s cement, 40% of the world’s steel, and 20% of the world’s copper, large quantities of Tin, Nickel, Zinc, and Lead. Massive quantities of Uranium will be next, once their Nuclear energy program kicks in. Their investment in Environmental Protection will exceed $175 Billion by 2012.
China’s military is said to exceed ten (10) million and growing.
A report to the US Congress in 2007 stated that Chinese espionage, comprise the single greatest risk to the security of American technologies.
Microsoft China now assumes first place in the field of computer technology, research and development worldwide, after only eight (8) years.
All Chinese markets are completely regulated and participation, foreign investment and or competition is severely limited outsiders.
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